Canadians hoping to travel internationally for the holidays have much to celebrate.
A White House official told Global News on Friday that fully vaccinated Canadians will be able to travel to the U.S. by land or sea for non-essential trips starting Nov. 8. Later in the day, came the news that Canadians with mixed vaccines will also be able to cross the border.
And Canada lifted its quarantine requirement for vaccinated travellers entering the country by land and air back in July.
But one large group of vaccinated adults who may still have to shelve any plans for cross-border holiday trips: those with children under the age of 12 who cannot get the coronavirus vaccine yet.
While international travel with young children is possible, it remains riskier and more complicated. Here’s what to know.
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Re-entering Canada with kids under 12
Children under 12 who are travelling with fully vaccinated parents, step-parents, guardians or tutors don’t need to quarantine upon re-entering Canada but won’t be able to go back to their routines right away, either. That’s because they won’t be allowed to attend school, daycare or camp for 14 days after their return, according to guidelines posted on the website of the government of Canada.
The kids may also need to postpone seeing their grandparents for a while. Unvaccinated children returning from a trip abroad must avoid contact with people 65 years of age or older, as well as with those who have a compromised immune system or underlying medical condition that makes them more susceptible to complications from COVID-19.
Families must also ensure the children aren’t travelling on crowded public transport or attending crowded settings like amusement parks or sporting events.
Still, the kids won’t stay locked up in the house for two full weeks. They’re still allowed to go to the park, to head out for a walk, or to accompany their parents on errands to the grocery store or pharmacy, provided they avoid crowds, wear masks at all times, and maintain physical distancing.
There are also testing requirements. For unvaccinated children aged five and older, families have to provide negative COVID-19 results from tests taken right before entry, upon arrival, and eight days after coming back. As for adults, these must be molecular not rapid antigen tests.
Children under the age of five are exempt from the testing requirement, but parents should still include them as travellers in their submissions through the ArriveCAN app, which enables travellers to upload their trip details, test results and quarantine plans, if applicable. Use of the app has become mandatory for virtually anyone entering Canada by air, land or marine vessel.
In addition to the federal directives, parents should also check for any additional public health requirements in their local jurisdiction.
Children under the age of 12 travelling with unvaccinated adults must quarantine upon entering Canada.
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Travelling to the U.S.
Starting on Nov. 8, children under 12 will also be allowed into the U.S., provided they’re travelling with someone who satisfies U.S. vaccination requirements.
Canadians who have received two shots of the Moderna, Pfizer or AstraZeneca vaccines will be able to enter the U.S. U.S. authorities have also said the U.S. will accept international travellers vaccinated with mixed doses of any FDA or WHO-approved COVID-19 vaccines, which include Moderna, Pfizer or AstraZeneca vaccines.
There will be no need for a COVID-19 test to enter the U.S. by land or sea for vaccinated visitors. However, proof of a negative COVID-19 test taken within three calendar days of travel is still required to board a flight to the U.S. for all passengers except children under the age of two.
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Regardless of entry requirements, travelling abroad with children who aren’t vaccinated remains “risky,” even if parents have received their two shots, says Anna Banerji, associate professor of pediatrics at the University of Toronto’s Dalla Lana School of Public Health.
“There’s the risk of (unvaccinated children) getting sick or potentially spreading it,” she says.
The risk varies based on your destination, local rate of COVID-19 cases and vaccinations, as well as public health measures in place, she says. Some U.S. states, she notes, still have three times the average number of cases per population than Canada has.
“In many parts of the States, COVID is not under control,” she says.
Even if you’re flying to a destination with low rates of COVID-19 and stringent rules to contain the contagion, you’ll still be on an airplane for hours, potentially with people from all over the world, Banerji cautions.
The safer choice is to wait until young children have also had their full dose of vaccine, she says.
Earlier this month, Pfizer was the first vaccine maker to ask the U.S. Food and Drug Administration to authorize emergency use of its COVID-19 vaccine in children aged five to 11.
Pfizer has submitted its initial trial data to Health Canada and plans to make a formal submission by mid-October, a spokesperson previously told Global News. As of Friday, Pfizer had not made the submission to the regulator.
Banerji says she’s hopeful children aged five to 11 will be vaccinated within the next two to three months.
— with files from Global News national reporter Aaron D’Andrea
© 2021 Global News, a division of Corus Entertainment Inc.
TD raising dividend, plans to buy back up to 50 million shares – BNN
TD Bank Group kept pace with its peers in dishing out rewards to its shareholders on Thursday.
The bank announced it will raise its quarterly dividend 13 per cent to $0.89 per share, effective Jan. 31. It also said it’s seeking regulatory approval to repurchase up to 50 million of its shares.
All five of the big Canadian lenders that have reported this week announced similar moves after the Office of the Superintendent of Financial Institutions recently ended its ban on buybacks and dividend hikes. Bank of Montreal, the last of the Big Six banks to report earnings, will announce its results on Friday.
TD’s full-year profit climbed to $14.3 billion compared to $11.9 billion in 2020, the bank also announced on Thursday. In the fiscal fourth quarter, which ended Oct. 31, net income fell to $3.8 billion from $5.1 billion a year earlier when it got a $1.4-billion lift from the sale of its stake in TD Ameritrade.
On an adjusted basis, TD earned $2.09 per share in the most recent quarter. Analysts, on average, were expecting $1.96.
TD’s American unit was the primary driver in the fiscal fourth quarter, as the division’s net income surged 66 per cent year-over-year to US$1.09 billion. Stripping out an investment in Charles Schwab, profit for the core U.S. retail banking operations soared 123 per cent to US$897 million as revenue climbed and US$62 million was freed up after previously being set aside for loans that could go bad.
In Canada, TD’s retail banking division saw profit rise 19 per cent year-over-year to $2.14 billion. Similar to the U.S., revenue rose year-over-year and credit quality improved. However, those factors were partially offset by an eight per cent rise in expenses — which TD said was due to higher variable compensation and investments in technology.
Meanwhile, the bank’s wholesale division — which comprises activities like capital markets and investment banking — was a drag on profit as net income from that unit slid 14 per cent to $420 million. TD said its trading revenue in the quarter fell to $510 million from $761 million a year earlier.
“We ended the year in a position of strength, with a growing base of customers across highly competitive and diversified businesses and a robust capital position, enabling us to increase our dividend and providing us with a strong foundation upon which to continue building our business in 2022,” said TD President and Chief Executive Bharat Masrani in a release.
Editor’s note: The original version of this story incorrectly presented the dividend increase as being 11 per cent. We regret the error.
Tentative deal between union workers and beef producer Cargill struck | CTV News – CTV News Calgary
With less than a week to go before workers were set to go on strike at Cargill’s High River, Alta. beef processing plant, the company says a tentative deal has been reached.
The company announced the development on Wednesday and says it is “encouraged by the outcome” of recent talks.
“After a long day of collaborative discussion, we reached an agreement on an offer that the bargaining committee will recommend to its members. The offer is comprehensive and fair and includes retroactive pay, signing bonuses, a 21 per cent wage increase over the life of the contract and improved health benefits,” Cargill wrote in a statement to CTV News via email.
The company adds it also “remains optimistic” a deal can be finalized before the strike deadline.
“(We) encourage employees to vote on this offer which recognizes the important role they play in Cargill’s work to nourish the world in a safe, responsible and sustainable way. While we navigate this negotiation, we continue to focus on fulfilling food manufacturer, retail and food service customer orders while keeping markets moving for farmers and ranchers,” it wrote.
The United Food and Commercial Workers’ Union (UFCW) Local 401 was expected to go on strike on Dec. 6.
It rejected the most recent attempt at a deal on Nov. 25 by a 98 per cent margin.
According to a statement from UFCW Local 401, the negotiating team engaged in “a marathon day” of talks with the company on Tuesday.
“Late in the evening, our bargaining committee concluded that they were in receipt of a fair offer and that they were prepared to present that offer to their coworkers with a recommendation of acceptance,” it wrote in a statement.
The union says the tentative deal will “significantly improve” the lives of Cargill workers and will be the ‘best food processing contract in Canada.”
Highlights from the deal include:
- $4,200 in retroactive pay for many employees;
- $1,000 signing bonus;
- $1,000 COVID-19 bonus;
- More than $6,000 total bonuses for workers three weeks before Christmas;
- $5 wage increase for many employees;
- Improved health benefits; and
- Provisions to facilitate a new culture of health, safety, dignity and respect in the workplace
While UFCW Local 401 president Thomas Hesse calls the deal “fair,” he will support workers on the picket line if they decide to reject the proposal.
“If they do accept it, I’ll work with them every day to make Cargill a better workplace,” Hesse said in a statement. “I will do as our members ask me to do.
“I respect all of the emotions that they feel and the suffering that they have experienced.”
Employees are expected the vote on the new deal between Dec. 2 and 4.
Afterpay delays vote on $29 billion buyout as Square awaits Spain’s nod
Afterpay Ltd will delay a shareholder meet to approve Square Inc’s $29-billion buyout of the Australian buy now, pay later leader, as the Jack Dorsey-led payment company awaits regulatory nod in Spain.
The investor meet was set for Dec. 6, but Afterpay said it would likely take place next year as Square, which has rebranded itself to Block Inc, is likely to get an approval from the Bank of Spain only in mid-January.
The delay is unlikely to impact the completion of Australia‘s biggest deal, which is set for the first quarter of 2022, Afterpay said.
“We continue to believe the risks of the transaction closing are minimal,” RBC Capital Markets analyst Chami Ratnapala said in a brief client note.
Meanwhile, Twitter Inc co-founder Dorsey is expected to focus on Square after stepping down as chief executive of the social media platform as it looks to expand beyond its payment business and into new technologies like blockchain.
Afterpay shares fell more than 6%, far underperforming the broader Australian market, tracking Square’s 6.6% drop overnight in U.S. market on worries over the Omicron variant.
(Reporting by Nikhil Kurian, Sameer Manekar and Indranil Sarkar in Bengaluru; Editing by Anil D’Silva, Rashmi Aich and Arun Koyyur)
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